China Names Market Makers

By

Wang Ming

Updated July 11, 2007 12:01 a.m. ET

SHANGHAI -- The Shanghai Stock Exchange named 13 financial institutions as the first batch of primary dealers, or market makers, for its new electronic bond-trading platform, in a bid to help boost the market's liquidity.

"The presence of market makers could improve market activity, as it will be much easier for investors to find counterparts, especially when they want to trade a large amount of bonds in the Shanghai Stock...